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boyakko [2]
3 years ago
8

Budgets ______. Multiple select question. and the budgeting process can uncover potential bottlenecks before they occur force ma

nagers to think about and plan for the future define goals and objectives that can serve as benchmarks for evaluating subsequent performance coordinate the activities of the entire organization by integrating the plans of its various parts provide each department with the same amount of money to spend, so that all departments are treated fairly
Business
1 answer:
RoseWind [281]3 years ago
5 0

Answer: and the budgeting process can uncover potential bottlenecks before they occur.

force managers to think about and plan for the future.

define goals and objectives that can serve as benchmarks for evaluating subsequent performance.

coordinate the activities of the entire organization by integrating the plans of its various parts

Explanation:

Budgets are used in communicating the plan of managements throughout an organization.

Budgets and the budgeting process can uncover potential bottlenecks before they occur.

Budgets force managers to think about and plan for the future.

Budget define goals and objectives that can serve as benchmarks for evaluating subsequent performance.

Budget coordinate the activities of the entire organization by integrating the plans of its various parts

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Panda Corporation owns 90% of Squirrel Inc.'s outstanding common stock. The carrying value of the investment in Sam is $180,000
Minchanka [31]

Answer:

The remaining shares should be carried at its fair value.

In this case then,  the fair value of the remaining shares = $260,000*(1-0.5) = $130,000

Explanation:

According to IFRS 3(Revised), A certain group may decide to sell its controlling interest in a subsidiary but retain significant influence in the form of an associate, or retain only a financial asset. If it does so, the retained interest is remeasured to fair value, and any gain or loss compared to book value is recognised as part of the gain or loss on disposal of the subsidiary.

6 0
3 years ago
Strategic trade policy Suppose there are only two producers of aircraft in the world, AirCraft in the United States and AirEurop
katen-ka-za [31]

Answer:

Air Europe should produce aircrafts

a. True

Explanation:

Air Europe has payoff matrix which will maximize the profits if it chooses to produce air crafts. The airline will be able to earn 90 million if it chooses to produces and will loose 2 million if chooses not to produce. There is subsidy of $9 million which is a plus for Air Europe therefore it should produce aircrafts.

6 0
3 years ago
A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools
marishachu [46]

Answer:

Break-even point in dollars= $36,364

Explanation:

Giving the following information:

A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools $20. The fixed cost for the firm is $20,000.

To calculate the break-even point in dollars for the firm, we need to use the following formula:

Break-even point (dollars)= Total fixed costs / [(weighted average selling price - weighted average variable expense)/ weighted average selling price]

weighted average selling price= (selling price* weighted sales participation)= $50

weighted average variable cost= (variable cost* weighted sales participation)

weighted average variable cost= (25*0.5 + 20*0.50)= $22.5

Break-even point in dollars= 20,000/ [(50 - 22.5)/ 50]= $36,364

4 0
3 years ago
A firm expects to sell 25,000 units of its product at $11 per unit. Pretax income is predicted to be $60,000. If the variable co
Lady bird [3.3K]

Answer:

$90,000

Explanation:

Income = Contribution - Fixed Costs

hence,

Fixed Costs = Contribution - Income

therefore

Fixed Costs = (25,000 x $6) - $60,000

                    = $150,000 - $60,000

                    = $90,000

thus,

total fixed costs must be $90,000.

5 0
3 years ago
Mike Samson is a college football coach making a base salary of $651,600 a year ($54,300 per month). Employers are required to w
Ratling [72]

Answer:

$7960.80; $9948.20 ; $17,409

Explanation:

Given the following :

Coach base salary = $651,600 ($54,300/month)

Social security tax = 6.2% upto maximum base amount

Medicare tax = 1.45% with no maximum

FICA base amount = $128,400

Coach Samson Social security and Medicare tax:

Social Security tax amount = 6.2% of $128,400

= 0.062 * $128,400 = $7,960.80

Medicare tax amount :

1.45% of $651,600

(1.45 / 100) * $651,600

0.0145 * $651,600

= $9948.20

Additional amount towards FICA taxes:

$7,960.80 + $9,948.20 = $17,409

4 0
3 years ago
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